The US Marshals Service (USMS) has awarded Coinbase Prime a $32.5 million contract to safeguard and trade its large-cap digital assets. This decision, made after thorough due diligence by the USMS, part of the US Department of Justice responsible for asset forfeiture, highlights Coinbase Prime’s reputation for strong security and reliable service. Many institutional investors …
Sony, Japan’s multi-industry conglomerate, is preparing to launch a cryptocurrency exchange subsidiary by revamping the local trading platform WhaleFin, which it acquired last year. The platform has been renamed S.BLOX Co., which plans to collaborate with Sony Group’s other businesses to generate additional value for its crypto trading services. The exact launch date of the …
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline. However, installers added 377 new ATMs during the month. Since January 2024, data shows companies have deployed a total of 2,564 crypto ATMs globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end of 2022, there was …
Steady Growth of Crypto ATMs in 2024 Despite June Dip Read More »
A federal judge dismissed part of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against crypto exchange Binance and founder Changpeng Zhao, but allowed other charges, including those against the holding company for Binance.US, to proceed. Judge Amy Berman Jackson of the District Court for the District of Columbia ruled that the SEC’s charges related …
US Judge lets most of SEC case against Binance proceed Read More »
Consensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends the SEC’s actions are regulatory overreach and vows to defend its position in court, emphasizing the broader implications for the web3 ecosystem. Consensys Challenges SEC Charges On …
Consensys Challenges SEC Charges: Asserts Metamask is Beyond SEC Jurisdiction Read More »
Solana ETF bids have started to trickle in at the SEC as Wall Street is abuzz with cryptocurrency talk and the digital asset regulatory scene shifts course. Following VanEck’s punt for a Solana (SOL) Trust, fellow wealth manager 21Shares has filed its “21Shares Core Solana ETF” with the Securities and Exchange Commission (SEC), documents submitted …
The Central Bank of Bolivia has lifted its blanket ban on using Bitcoin and other cryptocurrencies in the NFS. This significant move opens the doors for integrating exchanges and other crypto service providers into the Bolivian economy. The institution has derogated a 2020 resolution that prohibited financial institutions from facilitating crypto-related payments. Central Bank of …
Central Bank of Bolivia Lifts Bitcoin Ban, Embracing Crypto in Financial System Read More »
Coinbase is taking legal action after the SEC and FDIC denied information requests filed under the Freedom of Information Act (FOIA). The crypto exchange, through consultancy firm History Associates Inc, has sued the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) in a U.S. District Court for unfairly rejecting FOIA solicitations. …
Marathon digital holdings, one of the largest Bitcoin miners in the world, just released a statement disclosing they have mined Kaspa worth $15 million over a period of time. Marathon began mining Kaspa in September of last year after activating its first mining computer. The miner has purchased machines totaling 60 petahash in capacity, capable …
Wikileaks founder Julian Assange was released from prison onTuesday and the members of an onchain DAO called AssangeDAO are calling for transaprency. AssangeDAO was created to raise funds for Assange’s defense and release and accumulated $37M. Following the release of WikiLeaks founder Julian Assange from Belmarsh prison on Tuesday, the token for AssangeDAO (JUSTICE) surged …
